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Turnkey Metal Fabrication Company For Sale
Location Texas,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $5277393
Net Profit / Cash Flow $511258
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1995
Number of Employees 35 - 49
Inventory 1184510
Relocatable No
Number of Employees 35 - 49
Real Estate Owned
Reason for Sale Owner wishes to devote his full time to non-business venture.
Description Premier metal fabrication company for sale, established in 1995. The current owner has other, non-business, interest outside of the U.S. And is on location only 1 week each month. Plant manager, finance manager and sales manager run the daily operations. Current owner is only involved on larger bids and overall direction of the company. The main competitive advantage of this company is an almost complete ''turnkey'' operation and rarely rely on outside sources, thus helping to keep cost down and allowing for quick turn-around times. Fabricates a variety of products such as generator houses, drilling rig components, helicopter decks, high pressure heat exchangers, scr houses, and tanks. Capabilities include water jet cutting, piping, assembly, auto-cad design, sandblasting & painting, heavy & light fabrication, field installation, and transportation. Serves the industrial, petrochemical, construction, oilfield & government sectors. Excellent facilities, great equipment and premier client list. Company debt possibly assumable by the right buyer. Revenue was $10.9 million and adjusted ebitda of $1.4 million in 2008, before the economic downturn. The business has returned to profitability and is growing again. Contact for more information on this metal fabrication company for sale.
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